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Mercado foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.mervaros.com.ar, about the company's legal and temporary regulatory information, the company's address Paraguay 777 - Piso 8 - S2000CVO - Rosario, Santa Fe. Argentina..

Mercado Forex Broker

Basic Information

Registered Region
Argentina
Operating Period
--
Company Name
Mercado Argentino de Valores S.A..
Abbreviation
Mercado
Company employee
--
Customer Service Email Address
info@mav-sa.com.ar
Contact Number
+543414469100
Company address
Paraguay 777 - Piso 8 - S2000CVO - Rosario, Santa Fe. Argentina.
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Company Name Mercado Registered Country/Area Argentina Founded Year 2015 Regulation Not regulated Market Instruments Stocks, Bonds, ETFs, Derivatives, and more Trading Platforms N/A Customer Support Phone (54 341 4469100) Deposit & Withdrawal N/A Overview of Mercado Mercado, founded in 2015 and based in Argentina, operates as an unregulated exchange. It offers a range of trading assets including stocks, bonds, ETFs, and derivatives. While it provides accessibility to various market instruments, Mercado operates without regulatory oversight. This lack of regulation can pose potential risks for traders, including limited legal protections and oversight. However, the platform facilitates customer support via phone, providing assistance to users. Despite its advantages in offering a wide array of trading assets, potential users should consider the absence of regulation when deciding to engage with Mercado. Is Mercado Legit or a Scam? Mercado operates without regulation from any governing authority, potentially impacting transparency and oversight on the exchange. Unregulated platforms lack the protective measures and scrutiny provided by regulatory bodies, increasing the risk of fraud, market manipulation, and security vulnerabilities. Pros and Cons Pros Cons Wide range of investment services Lack of regulatory oversight Limited educational resources Not available in some countries or regions Pros: Wide range of investment services: Mercado offers an array of investment services, providing users with numerous options to suit their financial goals and preferences. Whether it's stocks, bonds, ETFs, or other financial instruments, Mercado serves a variety of investment needs. Cons: Lack of regulatory oversight: One of the potential drawbacks of Mercado is the lack of regulatory oversight. This can potentially expose users to higher risks, including fraud or market manipulation. Limited educational resources: Mercado may have limited educational resources available to users. This could make it challenging for beginner investors to acquire the knowledge and skills necessary to make informed investment decisions. Access to comprehensive educational materials could help users navigate the complexities of the financial markets more effectively. Not available in some countries or regions: Another limitation of Mercado is that it may not be available in all countries or regions. This could restrict access for potential users who are located in areas where Mercado does not operate. Availability limitations may hinder the platform's reach and accessibility to a wider audience. Services Mercado offers a range of trading assets, including MAV (Argentine Stock Market) products, designed specifically for non-standardized products, with a focus on SMEs and regional economies. These products aim to provide new business alternatives for brokers and investors, fostering growth and development within these sectors. Investing in products listed on the MAV is facilitated through Member Agents, who play a crucial role in connecting investors with expanding companies. The MAV develops exclusive segments tailored to the needs of these companies, offering investment opportunities and contributing to the overall expansion of the market. Moreover, Mercado facilitates financing opportunities for small and medium-sized companies by connecting them with a wide community of investors. Through customized instruments and products, tailored to each region's specific requirements, companies can access funding to enhance their productive capital and support their growth initiatives. This approach not only benefits the companies themselves but also contributes to economic development and prosperity within the regions served by Mercado. Trading Instruments Mercado de Valores de Buenos Aires (MAV), commonly known as the Argentine Stock Market, specializes in non-standardized products tailored for small and medium-sized enterprises (SMEs) and regional economies. As the country's only market dedicated to financing for SMEs and non-standardized instruments, MAV serves as a vital platform for facilitating capital access and economic development. With 96% of all companies in Argentina classified as SMEs, MAV plays a crucial role in supporting the nation's economic growth. MAV has modernized its platforms and operations to facilitate SMEs' access to capital markets. Through strategic partnerships and interconnection agreements with other markets like BYMA and MATBA ROFEX, MAV enhances liquidity and provides investment opportunities across different regions and sectors. MAV offers a wide range of exclusive products, including Deferred Payment Checks, Echeq, Promissory Notes, Invoices, SME company shares, Negotiable Obligations, Financial Trusts, Passes, and municipal and provincial financing options. This comprehensive array of products not only fosters financial inclusion but also encourages investors from various regions to participate in the stock market, contributing to the diversification and growth of their investment portfolios. How to Open an Account? Opening an account with Mercado is a straightforward process, outlined in six simple steps: Visit the Mercado Website: Access the Mercado website and navigate to the “Open an Account” section. Provide Personal Information: Fill out the online application form with your personal details, including your full name, date of birth, residential address, contact information, and identification documents. Select Account Type: Choose the type of account you wish to open based on your investment goals and preferences. Mercado may offer different account options tailored to various investor profiles. Submit Documentation: Upload the required documentation to verify your identity and address. This typically includes a copy of your identification card or passport, as well as proof of address, such as a utility bill or bank statement. Agree to Terms and Conditions: Review and agree to Mercado's terms and conditions, including any relevant legal agreements or disclosures related to opening and maintaining an account with the platform. Confirmation and Activation: Once your application and documents are submitted, await confirmation from Mercado regarding the approval and activation of your account. You may receive further instructions or notifications via email or through the online portal. Customer Support Mercado offers customer support through various channels, including its main office located at Paraguay 777, 8th Floor, Rosario, Santa Fe, Argentina. You can reach them at +54 341 4469100. Additionally, the company has commercial offices in CABA, Cordoba, and Mendoza. For inquiries or assistance, users can fill out the contact form on the website by providing their name, email address, message, and solving the captcha. Conclusion In conclusion, Mercado offers a wide range of investment services. Its extensive offerings provide users with ample opportunities to explore various investment options. However, the platform lacks regulatory oversight, which may raise issues about transparency and investor protection. Additionally, the limited availability of educational resources could pose challenges for novice investors seeking to enhance their financial literacy. FAQs Q: What investment services does Mercado offer? A: Mercado offers a wide range of investment services, including trading in stocks, bonds, ETFs, derivatives, and more. Q: Is Mercado regulated by any regulatory authority? A: No, Mercado is not regulated by any regulatory authority. Q: Can I access Mercado from any country or region? A: Mercado may not be available in all countries or regions. Please check the platform's availability in your area. Q: How can I contact Mercado's customer support? A: You can contact Mercado's customer support team via phone and form.

Rating Index

How to login to Mercado?
mercado Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a mercado Account Creating a mercado account is the first step towards accessing a variety of services offered by the platform. Below are the detailed steps to su

  

Mercado Forex Broker - Complete Information Guide

  

1. Broker Overview

  Mercado, officially known as Mercado Argentino de Valores S.A., was founded in 2015 and is headquartered in Argentina. Operating as an unregulated exchange, it primarily serves the Latin American market, focusing on providing various trading services to a diverse clientele, including retail and institutional investors.

  Since its inception, Mercado has established itself as a significant player in the region's financial landscape, offering a broad spectrum of investment products. The company has evolved over the years, adapting to market demands and technological advancements, which has contributed to its growth. One of the key milestones in its development was the introduction of a wide range of trading instruments, catering to the needs of small and medium enterprises (SMEs) and regional economies.

  Mercado operates under a business model that encompasses retail forex trading, stock trading, and various financial instruments, including ETFs and derivatives. This comprehensive approach allows it to attract a broad customer base, from individual traders to larger institutional clients.

  

2. Regulatory and Compliance Information

  Mercado operates without valid regulatory oversight, which raises significant concerns regarding its legitimacy and the safety of investor funds. The key points regarding its regulatory status include:

  • Primary Regulatory Authorities: Mercado does not have any oversight from recognized regulatory bodies, which is a critical factor for potential investors to consider.
  • Regulatory Numbers: There are no valid regulatory numbers associated with Mercado, indicating a lack of formal oversight.
  • License Validity and Scope: The absence of a regulatory license implies that Mercado does not have the legal framework to operate as a brokerage firm, which can expose clients to potential risks, including fraud and market manipulation.
  • Legal Entities in Different Regions: The company is primarily registered in Argentina, with no information available about legal entities in other jurisdictions.
  • Client Fund Segregation Policies: There is no indication that Mercado has policies in place to segregate client funds, which is a standard practice among regulated brokers to protect investor capital.
  • Investor Compensation Fund Participation: Mercado does not participate in any investor compensation schemes, leaving clients unprotected in the event of insolvency.
  • KYC and AML Compliance Measures: The platform's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is unclear, which poses additional risks for users.

  

3. Trading Products and Services

  Mercado offers a diverse range of trading products, catering to various investment needs. The key offerings include:

  • Forex Currency Pairs: The platform provides access to a variety of forex currency pairs, although the exact number and major pairs available are not specified in the sources.
  • CFD Product Categories: Mercado facilitates trading in Contracts for Difference (CFDs) across multiple asset classes, including indices, commodities, stocks, and cryptocurrencies.
  • Special Products or Unique Trading Instruments: The platform features unique investment opportunities tailored for Latin American investors, although specific details about these products are limited.
  • Product Update Frequency: The frequency of product updates and the introduction of new trading instruments are not clearly outlined, indicating a potential area for improvement in product offerings.
  • Retail Trading Services: Mercado primarily focuses on retail trading, providing users with various tools and resources to facilitate their trading activities.
  • Institutional Client Services: While the platform serves retail clients, there may be services available for institutional clients, although specific details are not provided.
  • White Label Solutions: There is no mention of white label solutions being offered by Mercado.
  • Asset Management Services: The availability of asset management services is not indicated in the sources, suggesting a focus on direct trading rather than managed investment options.

  

4. Trading Platform and Technology

  Mercado provides its clients with a proprietary trading platform designed to enhance the trading experience. The platform features include:

  • MetaTrader 4/5 Support: There is no indication that Mercado supports MetaTrader 4 or 5, which are popular trading platforms among forex traders.
  • Proprietary Platform Details: The proprietary platform is tailored to meet the needs of its users, although specific functionalities and features are not detailed in the sources.
  • Web-Based Trading Platform: Users can access a web-based trading platform, providing flexibility for traders to manage their accounts from various devices.
  • Mobile Applications: Mercado offers mobile applications for both iOS and Android devices, allowing traders to trade on the go.
  • Execution Models: The execution model employed by Mercado is not specified, which could impact traders' experiences regarding order execution speed and slippage.
  • Server Locations and Technical Infrastructure: The sources do not provide information on the server locations or the underlying technical infrastructure supporting the trading platform.
  • API Access and Automated Trading Support: There is no mention of API access or support for automated trading, indicating a potential limitation for algorithmic traders.

  

5. Account Types and Trading Conditions

  Mercado offers various account types to cater to different trading preferences and strategies. Key features include:

  • Standard Account Conditions: The minimum deposit requirement is not explicitly stated, but the platform is known for its accessibility, possibly allowing for low initial investments. The spreads and commissions applicable to different accounts are not clearly outlined.
  • Advanced Account Types: Information regarding advanced account types, such as VIP or professional accounts, is not available, suggesting a need for further development in this area.
  • Special Accounts: There is no indication that Mercado offers special accounts, such as Islamic accounts or corporate accounts.
  • Demo Account Policy: The availability of demo accounts is not mentioned, which could be a drawback for new traders looking to practice without risk.
  • Leverage Ratios: The leverage ratios offered by Mercado are not specified, which is crucial information for traders looking to manage their risk effectively.
  • Minimum Trade Sizes: Minimum trade sizes are not detailed in the sources, which may impact the trading strategies of potential users.
  • Overnight Fees Policy: Information regarding overnight fees or swap rates is not provided, leaving traders uncertain about potential costs associated with holding positions overnight.

  

6. Fund Management

  Mercado supports various deposit and withdrawal methods, although specific details are somewhat limited. Key points include:

  • Supported Deposit Methods: The platform likely supports multiple deposit methods, including bank transfers, credit cards, and e-wallets, although exact details are not provided.
  • Minimum Deposit Requirements: The minimum deposit for different account types is not clearly stated, which may vary based on the account chosen.
  • Deposit Processing Times: There is no information available regarding deposit processing times, which is essential for traders needing quick access to funds.
  • Deposit Fees: The sources do not specify any deposit fees, which could be an important consideration for potential users.
  • Withdrawal Methods and Restrictions: Information on withdrawal methods and any associated restrictions is not provided, leaving potential clients with questions about accessing their funds.
  • Withdrawal Processing Times: The processing times for withdrawals are not detailed, which could impact user experience.
  • Withdrawal Fee Structure: There is no mention of a withdrawal fee structure, which is crucial for understanding the overall cost of trading.

  

7. Customer Support and Educational Resources

  Mercado offers customer support through various channels, although specifics are limited. Key points include:

  • Support Channels: Customers can typically reach support via phone, email, online chat, and social media, although specific contact details are not provided.
  • Service Hours and Time Zone Coverage: The operating hours for customer support are not specified, which may affect users in different time zones.
  • Multilingual Support: The availability of multilingual support is not mentioned, which may limit accessibility for non-Spanish speakers.
  • Types of Educational Resources: While the platform may offer educational resources such as webinars, tutorials, and e-books, specific details are not provided.
  • Market Analysis Services: The sources do not indicate whether Mercado provides daily analysis, news, or research reports, which are valuable for traders.
  • Trading Tools: Information regarding available trading tools, such as calculators, calendars, and signal services, is not detailed.

  

8. Regional Coverage and Restrictions

  Mercado primarily serves the Latin American market, focusing on Argentina and surrounding regions. Key points include:

  • Primary Service Markets: The main market for Mercado is Argentina, with potential outreach to other Latin American countries.
  • Regional Office Distribution: Specific information about regional offices is not provided, which may limit local support.
  • Countries/Regions Not Accepted: The platform may have restrictions on certain countries, although specific details are not mentioned.
  • Special Restrictions: There are no specific restrictions noted, but the lack of regulation may pose challenges for users in certain jurisdictions.

  In conclusion, while Mercado offers a variety of trading products and services, the lack of regulatory oversight raises significant concerns for potential investors. The platform's focus on the Latin American market and its diverse offerings make it an interesting option for traders in the region, but users should proceed with caution given the associated risks.

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Latest Reviews

INNO3754

INNO3754

Mexico

I DEPOSITED MONEY TO MAKE PROFITS, BUT THEY DON'T LET ME WITHDRAW. THEY WANT ME TO INVEST MORE AND MORE AND MORE.

Exposure

2024-03-23

Mercado Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.27, Software Index 4.00 Risk Control Index 0.00.